Restoring American Leadership in the Global Nuclear Energy Market
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Date
2020-12-21
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Johns Hopkins University
Abstract
As a result of decades of declining nuclear capability, the United States is now faced with threat of being replaced as the leader of nuclear energy. A revised approach to US nuclear energy policy would allow the US to restore its capabilities and retain its position of leadership. With a superior nuclear energy industry, the US will be able to better compete with China and Russia, its top geopolitical rivals. For that reason, the US must look at nuclear energy in new light, with an approach to policy that is not rooted in the past. The proposed policy is evaluated against a framework which emphasizes increased national security, global cooperation, US competitive advantage, and long-term viability. Based on these criteria, three critical areas of US nuclear energy policy were identified as having the best chance of restoring US prominence within the global community of nuclear energy. These areas included nuclear fuel supply chain, advanced nuclear reactor technology, and nuclear energy export. Policy that regulates each of these areas must be revised as to not allow further deterioration of the US nuclear energy industry.
Oliver Fritz, Debra Cagan and Sarah Broesamle Clarke of Johns Hopkins University served as the advisors and final reviewers of this study.
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Keywords
nuclear, energy, export,